I'm looking to get my first STR. The goal starting off is a place that my family enjoys visiting and renting the rest of the time. I recognize that when my family visits I'm hurting my profitability, but that would ...
I'm in escrow on a property in Maui that we'll be using as a vacation rental. We were originally planning on going with a property manager at 20% just because of the ease. The more and more I think about it however,...
Just got a call from a tenant parent and the January electric heat bill was $1100. In past years the highest it went was $800. The heat is all electric baseboard with one room with under floor heating on slab and o...
What is one thing you've added to your lease that may not be in the standard lease that has prevented a problem you had from happening again? Not looking for the specific wording unless you'd like to share, but the "...
Recently, I've been experiencing some confusion as it relates to cash flow, expenses, and the concept of self-sustaining properties.At some indeterminate point in the future, I want to have replaced my monthly w2 inco...
I own a single Cabin in a vacation town in WA state that I use as a family vacation home and STR. When I first bought it 5 years ago I lived 2 hours away, had never owned an STR before and worked full time so it made ...
I own properties in the west Houston areas of Katy and Cypress. I've already been notified by one tenant that they may have trouble making the September rent payment due to not working this week at all. None of my pro...
Short Version: My wife is helping her father manage a rental property in Houston and we need some tips for filing the paperwork in small claims court for damages and unpaid rent. We didn't have to actually go through ...
Hello,I am a frist time invester and I have a opportunity to invest in a 103 unit property in the Dallas Fort Worth Texas area.I would like to accomplish good cashflow and to leverage the property later to invest into...
Hey guys, I need some help. I bought a house at an auction. There was not access allowed to view the property prior to bidding. After I won the auction, I was walking around the house to get some more ideas on what to...